Saif Ahmad Al Ghurair
Saif Ahmad Al Ghurair (1924 – 2019) was an Emirati billionaire businessman, CEO of the Dubai-based Al-Ghurair Group, a large company in the UAE's real estate and manufacturing sectors. His Saif Al Ghurair family owns and leads the different business units of the group.
Saif Ahmad Al Ghurair | |
|---|---|
 | |
| Born | 1924[1] |
| Died | 2019 (aged 94–95)[1] Dubai |
| Resting place | Qusais Cemetery, Dubai |
| Nationality | Emirati |
| Education | Al Ain University |
| Occupation | Businessman |
| Net worth | $1.7 billion (February 2020)[2] |
| Title | Chairman, Al Ghurair Group |
| Spouse(s) | Married |
| Children | 5 |
| Relatives | Abdulla Al Ghurair (brother), Abdul Aziz Al Ghurair (nephew) |
Early life
Al Ghurair was born in 1924 on the shores of Dubai Creek, the eldest of five sons. His father had a family business and owned fishing boats. [3]
Al Ghurair gained a bachelor's degree in accounting at the Al Ain University.[4]
Career
In 1960, he founded the Al Ghurair Group, a company which has interests in banking, steel and packaging.[2][5]
The group invested in real estate, retail and manufacturing.[3]
In 2004 his group opened a second Burjuman Centre with an office tower, hotel and luxury service apartments.[3]
He was also a significant shareholder in Mashreq.[2]
In 2006, he formed the company Taghleef Industries through a merger of Dubai PolyFilm with Technopak of Egypt and AKPP in Oman, and it became one of the world´s largest manufacturers of polypropylene films, lamination and food packaging.[2]
Personal life
He was the eldest son of Ahmed Al Ghurair.[1] He was married with six children, and lived in Dubai.[2]
A stormy boat trip to India in the 1930s to sell dates left him blind in one eye.[2]
Death
Al Ghurair died in Dubai in August 2019, aged 95.[6] He was buried in Qusais Cemetery, Dubai on 27 August 2019.[6]
See also
References
- "Prominent Emirati businessman Saif Ahmed Al Ghurair dies". gulfnews.com. Retrieved 2020-02-27.
- "Forbes profile: Saif Al Ghurair". Forbes. Retrieved 27 February 2020.
- Mark Anthony Karam. "Snapshots from the life of business mogul Saif Ahmed Al Ghurair". AMEinfo. Retrieved 7 April 2020.
- "Executive Profile - Majid Saif Ahmad Al Ghurair", Bloomberg. Accessed 12 January 2016.
- "Tributes pour in after Saif Al Ghurair, pioneering Dubai businessman, dies". The National. 27 August 2019. Retrieved 7 April 2020.
- "Noted Emirati businessman Saif Ahmad Al Ghurair laid to rest in Dubai". Gulf News. 27 August 2019. Retrieved 28 August 2019.